Why Australia Prospered: The Shifting Sources of Economic Growth
Language: English
Published by Princeton, 2013
Series: Book 26 of 58 - The Princeton Economic History of the Western World
- Hardcover
- Used
Seller: E. Manning Books, Robertsdale, AL, U.S.A.E. Manning Books
AbeBooks seller since May 10, 2010
Condition: Used - Near fine
£ 21.82
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Add to basketItem description from seller
Princeton University Press, 2013. Hardcover (16 x 24 cm), xiv, 281 pages. ISBN: 9780691154671. Near Fine condition. "This book is the first comprehensive account of how Australia attained the world's highest living standards within a few decades of European settlement, and how the nation has sustained an enviable level of income to the present. Beginning with the Aboriginal economy at the end of the eighteenth century, Ian McLean argues that Australia's remarkable prosperity across nearly two centuries was reached and maintained by several shifting factors. These included imperial policies, favorable demographic characteristics, natural resource abundance, institutional adaptability and innovation, and growth-enhancing policy responses to major economic shocks, such as war, depression, and resource discoveries. Natural resource abundance in Australia played a prominent role in some periods and faded during others, but overall, and contrary to the conventional view of economists, it was a blessing rather than a curse. McLean shows that Australia's location was not a hindrance when the international economy was centered in the North Atlantic, and became a positive influence following Asia's modernization. Participation in the world trading system, when it flourished, brought significant benefits, and during the interwar period when it did not, Australia's protection of domestic manufacturing did not significantly stall growth. McLean also considers how the country's notorious origins as a convict settlement positively influenced early productivity levels, and how British imperial policies enhanced prosperity during the colonial period. He looks at Australia's recent resource-based prosperity in historical perspective, and reveals striking elements of continuity that have underpinned the evolution of the country's economy since the nineteenth century." Weight (before packaging): 565g.…
Seller Inventory # 2477
- Title
- Why Australia Prospered: The Shifting Sources of Economic Growth
- Author
- McLean, Ian W.
- Publisher
- Princeton
- Publication year
- 2013
- Condition
- Near Fine
- Binding
- Hardcover
- Language
- English
- ISBN 10
- 0691154678
- ISBN 13
- 9780691154671
- Series
- Book 26 of 58: The Princeton Economic History of the Western World
- Seller catalogs
- Australiana
This book is the first comprehensive account of how Australia attained the world's highest living standards within a few decades of European settlement, and how the nation has sustained an enviable level of income to the present. Why Australia Prospered is a fascinating historical examination of how Australia cultivated and sustained economic growth and success. Beginning with the Aboriginal economy at the end of the eighteenth century, Ian McLean argues that Australia's remarkable prosperity across nearly two centuries was reached and maintained by several shifting factors. These included imperial policies, favorable demographic characteristics, natural resource abundance, institutional adaptability and innovation, and growth-enhancing policy responses to major economic shocks, such as war, depression, and resource discoveries.
Natural resource abundance in Australia played a prominent role in some periods and faded during others, but overall, and contrary to the conventional view of economists, it was a blessing rather than a curse. McLean shows that Australia's location was not a hindrance when the international economy was centered in the North Atlantic, and became a positive influence following Asia's modernization. Participation in the world trading system, when it flourished, brought significant benefits, and during the interwar period when it did not, Australia's protection of domestic manufacturing did not significantly stall growth. McLean also considers how the country's notorious origins as a convict settlement positively influenced early productivity levels, and how British imperial policies enhanced prosperity during the colonial period. He looks at Australia's recent resource-based prosperity in historical perspective, and reveals striking elements of continuity that have underpinned the evolution of the country's economy since the nineteenth century.
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E. Manning Books
Robertsdale, AL, U.S.A.
AbeBooks seller since May 10, 2010
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I am a full-time independent internet only bookseller with a growing general stock of collectible, out-of-print, and quality second-hand books. I have been an avid collector since 1997 and am an alumnus of the 2001 Colorado Antiquarian Book Seminar. I proclaim no specialty, but tend to focus on Australiana, History/Military History and Vintage Paperbacks. Address: P.O. Box 801, Robertsdale, AL, 36567-0801. Email: manningbooks@gmail.com. "Always read something that will make you look good if you die in the middle of it.” ~P.J. O'Rourke, Author/Political Satirist…
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